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Energy Conversion Devices (ENER) Message Board

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  • long_tongue_brit long_tongue_brit May 10, 2008 11:20 AM Flag

    Citi Sees Solar Cell Glut In 2009/Shakeout Coming

    He might look very silly in a year or two, then again he might be a genius who knows.

    Im sure automobiles werent going to be bought by everyone. A very hard thing to predict indeed though I concede there is going to be somewhat of a battle - by businesses needing solar roofs to become green and save on expensive electricity bills

    What if 1% of large roofs decide to have solar in the next three years. How much is that?

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    • From the same idiots that will lose over $15 billion this year.. I wouldn't listen to a word they say. The banks have been wrong on the entire commodity bull market for the last 6 years, as well.

    • Isn't the Citi representative overlooking the niche ENER has carved out for itself in large commercial roofs that require low weight solar applications as well as the ongoing drive to lower costs of production and the seemingly relentless increase in oil prices which another analyst predicted yesterday could reach $200/ bbl. by the end of this year?

      • 1 Reply to boonedoggle73
      • boondoggle,

        << Isn't the Citi representative overlooking the niche ENER has carved out for itself in large commercial roofs that require low weight solar applications >>

        It seems that relatively few analysts recognize that BIPV is a different market that requires different products. I think Morelli in every CC has tried to highlight the BIPV market and products ENER is focused on.

        Eventually the message will sink in... but it is surprising to me that cost/watt gets so much attention and other important product characteristics are basically ignored. Cost is important... but it's not all important.

        Regards,
        Snoz

 
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